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Historic Short-Term Rental Estate
New
For Sale
$1,395,000

957 Central Ave, Plainfield, NJ 07060

Income-producing hospitality property with an established operating business, expansive common areas, and flexible accommodations for group stays.

Property Size11,000 SF
Price / SF$126.82
Days on Market1

Property Features for 957 Central Ave

General Information

Standard status Active
Size 11,000 SF
Property subtype Business Opportunity
Listing Agency: SIGNATURE REALTY NJ
Listed By: ROBERT K. GRAHAM · License #254285
Source: Luminancerealty
Added: Sep 7 Last Checked: Sep 7 at 2:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SIGNATURE REALTY NJ

Investment Insights

Based on property information with market context.

Built in 1880, this Colonial Revival estate with Georgian influences operates as a short-term rental property and includes the established hospitality business. The approximately 11,000-square-foot mansion offers multiple bedrooms, large shared spaces, and adaptable interior arrangements suited to group accommodations and luxury stays. Architectural details include a grand main staircase with Scamozzi Ionic capitals, combining period character with functional lodging space.

The property occupies an approximately 32,000-square-foot lot at 957 Central Ave in Plainfield City, NJ, within the Van Wyck Brooks Historic District. The offering includes both the real estate and the operating short-term rental business, along with established systems and repeat bookings identified in the property information.

Key Highlights

  • Established short‑term rental business included with the real estate
  • Approximately 11,000‑square‑foot mansion
  • Approximately 32,000‑square‑foot lot

Property Analytics

Current Use

The Coriell Mansion Bed ... Bed & Breakfast

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic HVAC Service Locksmith Gym & Fitness Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

817
Businesses Nearby

Demographics for 07060, NJ

48,423
Population
16,154
Households
3
Avg Household Size
35
Median Age
22%
College-Educated
74%
High-School Grad
5.0 sq mi
ZIP Area
9,685
Density / Sq Mi
$72,882
Median Household Income
$32,867
Median Earnings
$1,629
Median Rent
$369,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Income-producing hospitality property with an established operating business, expansive common areas, and flexible accommodations for group stays.
Where is this short term rental property located?
The property is located at 957 Central Ave Plainfield, NJ.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Established short‑term rental business included with the real estate; Approximately 11,000‑square‑foot mansion; Approximately 32,000‑square‑foot lot
More about this property
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